Former CEO of Bitcoin Exchange Mt Gox Re-arrested in Japan

Former CEO of Bitcoin Exchange Mt Gox Re-arrested in Japan

Mark Karpeles, the former CEO of the now defunct bitcoin exchange Mt Gox, has been re-arrested on charges of embezzlement. According to local media reports, Tokyo's Metropolitan Police served Karpeles with a new arrest warrant earlier today. Reports suggesting a re-arrest was a possibility first surfaced yesterday amid claims he had embezzled ¥321m ($2.6m) of customer deposits to fund other personal projects. As previously reported by CoinDesk, Karpeles has been in custody for the past three weeks - the maximum time period suspects can be detained without being formally charged. The new....


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